Anta Sports Products Ltd. reported revenues declined 4.5 percent in its year ended Dec. 31, to 7.281 billion yuan ($1.18 billion) compared with 7.622 billion yuan in 2012. Net profit slid 3.2 percent in the same period to 1.314 billion ...
Tags: Sporting Goods, Recreation, Anta Sports
Italian automobile manufacturer Fiat SpA will acquire full control of Chrysler Group LLC in a deal worth a combined $4.35 billion, Bloomberg News reported. Fiat, which already holds 58.5% of Chrysler, will [delete word pay] acquire the ...
Tags: Fiat SpA, Chrysler Group, stake
Bassett Furniture Inds.' board has declared a special dividend of 20 cents per share, payable Dec. 20 to shareholders of record on Dec. 10. "2013 has been a year of improved performance for Bassett as sales and operating profit have ...
Tags: Furniture, Furnishing
Eroding sales in two of its critical product segments that include furniture, mattress and major appliances contributed to a weak fiscal third quarter for Sears Canada, even as the multichannel retailer declared a special dividend to ...
Tags: Furniture, Furnishing
K&S Corporation will merge with Scott Corporation (SCC), subject to shareholder acceptance. SCC shareholders who accept the Offer will receive either $0.59 cash or 0.345 K&S shares under the offer in consideration for each of their SCC ...
Dell founder Michael Dell and investor Silver Lake Management have had their proposed $24.9bn buyout of ailing PC maker Dell approved by holders of the voting shares. The buyout, which is the largest of its kind since 2007, has been ...
Tags: DELL, software, Computer Products
Fox Factory Holding released more details on its planned IPO Tuesday, but it still has not set a date for the auction.? The company plans to offer 2,857,143 shares of common stock, and its current stockholders will offer up an additional ...
Tags: Transportation
ROSS Barker, the managing director of several listed investment companies, is not betting on the yield trade to drive markets as hard in the next 12 months, saying some big dividend-paying stocks got "very toppy" before the recent sell-off. ...
Tags: economy
The board of Dell has backed its founder's bid for the company in partnership with venture capital firm Silver Lake. A special committee set up by the company has recommended Michael Dell's bid, rejecting an alternative offer from ...
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
Investor Carl Icahn and Southeastern Asset Management have countered Dell's plan to go private with an offer that would give shareholders a large payout and still keep the computer company publicly traded. In a letter Thursday to Dell's ...
Tags: Investor Carl Icahn, Dell
FOR two years, Dion Hershan has been in fairly select company -- gloomy on the outlook for commodities and local resources stocks and upbeat about the US. Now, as real concerns emerge about a bubble in major-bank share prices, the Goldman ...
Tags: economy
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover